MLS® 10390705

Hospitality for Sale — Princeton, BC

$529,999

205 Bridge Street, Princeton, BC V0X1W0

67
Walk Score
67
Bike
Walk Score® by Redfin
For Sale
2,306 square feet
Floor area
0.11 acres
Lot size
1970
Year built
67
Walk Score
67
Bike
Walk Score® by Redfin

Property details

Structured details

Annual property tax
$6,691.12
Lot dimensions
0.11
Structure type
Other
Parcel ID (PID)
012-777-056

Listing Information

MLS®
10390705
Listed
June 10, 2026
Time on market
96 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Positioned in one of the most recognizable commercial locations in downtown Princeton, the infamous Leisure Inn presents an incredible investment and business opportunity in the heart of the community. Located on a prime corner lot along busy Bridge Street, this high-visibility property benefits from steady vehicle and pedestrian traffic while sitting adjacent to exciting future development within Princeton’s growing downtown core. Currently operating as a Chinese cuisine restaurant with loyal clientele, this versatile commercial property offers the opportunity to acquire the existing business and continue operations, or bring your own vision to life with endless possibilities for a diner, cafe, restaurant, lounge, or other hospitality venture (bonus includes a liquor license). With excellent exposure, a well-known local presence, and flexible commercial potential, this is a rare chance to secure a landmark location in a thriving small-town market. Whether you are an investor, entrepreneur, or restaurateur looking to expand, this downtown Princeton opportunity is packed with potential. (id:63159)

Financing calculator

Estimate your monthly payment on the $529,999 asking price.

Financing details
Monthly debt service
$5,144
Cash required at close
$131,000
DSCR
Cash-on-cash return (yr 1)

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Location

Local market size (Princeton)

Population
2,894(+2.3% since 2016)
Population density
48.8/km²
Median household income
$64,500

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
11.9%
Postsecondary below bachelor's
32.1%
High school diploma
34.7%
No certificate/diploma
21.2%

Population aged 15 and over.

Commute

Car, truck or van
86.3%
Public transit
0.0%
Walked
11.8%
Bicycle
0.0%
Other
1.9%

Commute duration

Under 15 min
56.1%
15–29 min
30.7%
30–44 min
7.1%
45–59 min
2.8%
60+ min
4.2%

Employed labour force with a usual workplace.

Mother Tongue

English92.3%
French1.1%
German0.9%
Dutch0.5%
Japanese0.5%
Tagalog (Pilipino, Filipino)0.4%
Punjabi (Panjabi)0.4%
Spanish0.4%
Malayalam0.2%
Czech0.2%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Gold & Jade Restaurant · 242 Bridge Street110m
  • The Copper Pit · 157 Vermilion Avenue210m
  • Mikado Sushi · 130 Bridge Street235m
  • Little Creek Grill · 117 Bridge Street277m
  • CitySlice Pizzeria · 160 Tapton Avenue363m

Cafes (4)

  • Thomasina · 279 Bridge Street221m
  • Cool Beanz Coffee House · 136 Tapton Avenue293m
  • Frannie's coffee · 142 3rd Street449m
  • Cowboy Coffee · 255 Vermilion Avenue492m

Grocery (2)

  • Loonie Bin · Bridge Street130m
  • Save-On-Foods · 258 Bridge Street206m

Shopping (1)

  • FIELDS · 233 Vermilion Avenue413m

Parks (5+)

  • Veterans Square89m
  • Rotary Splash Park · Lime Street257m
  • Two Rivers Park287m
  • Unnamed486m
  • Unnamed742m

Pharmacies (2)

  • Shoppers Drug Mart · 232 Bridge Street88m
  • I.D.A. · 114 Tapton Avenue307m

Banks & ATMs (3)

  • CIBC · 226 Bridge Street60m
  • Valley First · 114 Tapton Avenue303m
  • Unnamed565m

Nearby places data: © OpenStreetMap contributors.

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Frequently asked questions

What is the asking price for this business?

The asking price is $529,999.

Where is this business located?

This listing is located in Princeton, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.